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Merry & Luxshare (Viet Nam) Co., Ltd (Vietnam)

Main Activities: Computer and Electronic Product Manufacturing
Secondary Activities: Semiconductor and Other Electronic Component Manufacturing | Other Communication and Energy Wire Manufacturing | Wireless Telecommunications Carriers (except Satellite)
Full name: Merry & Luxshare (Viet Nam) Co., Ltd Profile Updated: February 21, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

The subject has officially operated for 4 years with its headquarters in Nghe An Province, Vietnam. It is engaged in manufacturing headphones, loudspeakers, and microphones for export. Being a member of Luxshare-ICT Group, a global designer and manufacturer of cable assembly and connector system solutions for consumer, automotive, cloud, and enterprise applications, the subject is also receiving meaningful support from the Group and its members. Its products are mostly exported overseas, accessing many markets such as Taiwan, China, Singapore, the USA, Netherlands, UK, etc. A very small amount is on-spot exported to clients in export processing and industrial zones in Vietnam.The subject's operation is developing. As reported, business results continuously increased in the first three years of operation (period 2020-2022). In an interview with a female General Director assistant, we are revealed that the order situation was still quite stable and regular during last year in the context of the economic recession. However, it met some difficulties in the supplier problem (supplier of components and packaging, ...). Generally, the turnover is estimated to increase slightly in FYE 31 Dec 2023, added she.

Headquarters
No. 6, Dan Chu Street, VSIP Nghe An Industrial Park, Hung Tay Commune
Nghe An; North Central Coastal Vietnam; Postal Code: 43000-44000

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Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
May 09, 2020
Key Executives
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Chairman and General Director
Ownership Details
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51%
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49%
Company Performance
Financial values in the chart are available after Merry & Luxshare (Viet Nam) Co., Ltd report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency VND. Absolute financial data is included in the purchased report.
Net sales revenue
11.16%
Total operating revenue
11.16%
Operating profit (EBIT)
-0.2%
Net Profit (Loss) for the Period
0.2%
Total assets
-16.02%
Total equity
32.75%
Operating Profit Margin (ROS)
-1.02%
Net Profit Margin
-0.98%
Return on Equity (ROE)
-8.01%
Debt to Equity Ratio
-6.27%
Quick Ratio
0.77%
Cash Ratio
0.01%

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